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Vector Capital completes $293M acquisition of Halogen Software Inc.

On May 1, 2017, all of the issued and outstanding common shares of Halogen Software Inc. (“Halogen”) were acquired by Saba Software Inc. (“Saba”), Vector Capital and its affiliates (“Vector”), and Michael Slaunwhite, Halogen’s founder, executive chairman and largest shareholder. The acquisition was completed by a plan of arrangement under the Business Corporations Act (Ontario).

Bennett Jones LLP acted as counsel to the special committee of the board of directors of Halogen with a team comprised of Barry Reiter, Jonathan Ip, Jesslyn Maurier and Christopher Travascio (corporate governance and M&A) and Joseph Blinick (litigation).